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Quantum Graphite Ltd ( (AU:QGL) ) has issued an announcement.
Quantum Graphite Ltd has received an R&D rebate of A$472,550.07 from the Australian Taxation Office as part of its ongoing research initiatives in collaboration with Sunlands Energy Co. This partnership focuses on developing high purity graphite and thermal energy storage media to enhance commercial scalability and efficiency. The progress in these R&D workstreams has led to successful development of scalable processes for high purity graphite and TES media, which are crucial for future energy storage technologies and broader market applications.
More about Quantum Graphite Ltd
Quantum Graphite Ltd is involved in the graphite industry, owning the Uley flake graphite mineral deposits in South Australia. Their Uley 2 project focuses on developing high-grade natural flake graphite, which is a key resource for their operations.
YTD Price Performance: -2.00%
Average Trading Volume: 67,689
Technical Sentiment Consensus Rating: Buy
Current Market Cap: A$169M
Find detailed analytics on QGL stock on TipRanks’ Stock Analysis page.